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    Reference: 20180006
    Release date: 30 January 2020

    Promoter – Financial Intermediary

    INVESTITIONSBANK DES LANDES BRANDENBURG

    Location

    Description

    The project consists of a Multiple Beneficiary Intermediated Loan - Global Loan to finance schemes providing support to small and medium sized enterprises (SMEs) and midcaps in the EIB Cohesion Priority Region.

    Objectives

    The aim is to enhance the economic development of the Land Brandenburg, increase its economic resistance and creation of jobs at SME and midcap level.

    Comments

    Under appraisal

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    The Federal State of Brandenburg shall undertake that its implementing agent will only finance eligible final beneficiaries who fully comply with the EU's EIA Directive and applicable environmental law.

    Procurement

    The Federal State of Brandenburg shall undertake that its implementing agent will only deploy EIB financing towards Final Beneficiaries which are private companies not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement

    Status

    Signed - 27/05/2020

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Germany Credit lines